||[Sep. 28th, 2008|12:38 am]
A couple of years ago, Chase sent me a $75 coupon for free money on opening an account. I would have thrown it out, as I do with the "pre-approved credit card" offers, but I tried to cash it purely because I was curious to see what the catch was. To my astonishment, it actually worked. I opened an account with a minimum balance of $100, and closed it with a balance of $175 six months later when the coupon kicked in.
Now they've sent me another coupon for $100. I have a very high threshold for things like this and mail-in rebates and stuff like that which involve wasting my time for uncertain return and reams of fine print. But since it worked last time, I'm guessing there's a high likelihood it'll work again. Assuming an hour wasted overall, that seems worthwhile. Maybe I'll do it if I can remember to walk by the bank before the coupon expires.